Ashford Hospitality Trust Files 8-K on Shareholder Votes & Financials

TL;DR

AHT filed an 8-K detailing shareholder votes and financial updates for common and preferred stock.

AI Summary

Ashford Hospitality Trust, Inc. (AHT) filed an 8-K on May 14, 2024, reporting on matters submitted to a vote of security holders, Regulation FD disclosures, and financial statements/exhibits. The filing indicates actions related to common stock and preferred stock series D, F, G, H, and I.

Why It Matters

This filing provides updates on corporate actions and financial reporting for Ashford Hospitality Trust, which can impact investor decisions and the company's stock performance.

Risk Assessment

Risk Level: medium — The filing concerns corporate governance and financial reporting, which can introduce medium-level risk depending on the specifics of the votes and financial statements.

Key Players & Entities

• Ashford Hospitality Trust, Inc. (company) — Registrant
• May 14, 2024 (date) — Date of earliest event reported
• Series D Preferred Stock (security) — Mentioned in filing
• Series F Preferred Stock (security) — Mentioned in filing
• Series G Preferred Stock (security) — Mentioned in filing
• Series H Preferred Stock (security) — Mentioned in filing
• Series I Preferred Stock (security) — Mentioned in filing

FAQ

Filing Documents

• aht-20240514.htm (8-K) — 62KB
• ahtpr5-14x24.htm (EX-99.1) — 13KB
• image_1a.jpg (GRAPHIC) — 194KB
• 0001232582-24-000072.txt ( ) — 534KB
• aht-20240514.xsd (EX-101.SCH) — 3KB
• aht-20240514_def.xml (EX-101.DEF) — 17KB
• aht-20240514_lab.xml (EX-101.LAB) — 31KB
• aht-20240514_pre.xml (EX-101.PRE) — 18KB
• aht-20240514_htm.xml (XML) — 7KB

07 SUBMISSION OF MATTERS TO A VOTE OF SECURITIES HOLDERS

ITEM 5.07 SUBMISSION OF MATTERS TO A VOTE OF SECURITIES HOLDERS. (a) On May 14, 2024, Ashford Hospitality Trust, Inc. (the "Company") held its Annual Meeting. As of March 14, 2024, the record date for the Annual Meeting, there were 39,708,792 shares of common stock outstanding and entitled to vote. At the Annual Meeting, 21,713,885 shares, or approximately 54.68% of the eligible voting shares, were represented either in person or by proxy. (b) Set forth below are the matters voted upon at the Annual Meeting and the estimated preliminary voting results reported by the Company's proxy solicitor, Morrow Sodali, based on the information available to Morrow Sodali. These preliminary voting results will be updated through the filing of an amendment to this Current Report on Form 8-K to reflect the final certification of results from the independent inspector of election. 1. Proposal One – To elect nine nominees to the Board of Directors to hold office until the next annual meeting of stockholders and until their successors are duly elected and qualified: Name For Against Abstain Broker Non-votes Monty J. Bennett 5,310,209 8,117,924 117,566 8,168,186 Amish Gupta 7,671,289 5,674,865 199,546 8,168,185 J. Robison Hays, III 7,484,559 5,830,353 230,789 8,168,184 Kamal Jafarnia 5,261,929 8,070,036 213,735 8,168,185 David W. Johnson 8,097,833 5,238,202 209,664 8,168,186 Frederick J. Kleisner 7,436,818 5,895,752 213,130 8,168,185 Sheri L. Pantermuehl 7,645,588 5,685,484 214,628 8,168,185 Davinder "Sonny" Sra 8,034,788 5,284,917 225,995 8,168,185 Alan L. Tallis 7,770,105 5,555,222 220,373 8,168,185 Based on the estimated preliminary results, each director nominee named above was elected at the Annual Meeting, except for Mr. Bennett and Mr. Jafarnia, who did not receive a majority of votes cast in favor of their election. In accordance with the director resignation policy set forth in Section IX of the Company's Corporate Governance Guidel

01 REGULATION FD DISCLOSURE

ITEM 7.01 REGULATION FD DISCLOSURE. On May 14, 2024, the Company issued a press release announcing the estimated preliminary results of its 2024 Annual Meeting of Stockholders and noted that Blackwells Capital LLC's attempted withhold proxy campaign had no meaningful impact on its outcome. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The information in this Form 8-K and Exhibits attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.

01 FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS. (d) Exhibits Exhibit Number Description 99.1 Press Release of the Company, dated May 14, 2024 104 Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ASHFORD HOSPITALITY TRUST, INC. Dated: May 15, 2024 By: /s/ Alex Rose Alex Rose Executive Vice President, General Counsel & Secretary

View Full Filing

View this 8-K filing on SEC EDGAR